Is Liz Truss doomed?
The News Agents
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What Are the Consequences of Brexit?
Sally Kohn: This is both an economic and financial crisis and also a political crisis. In a way, what recent events have reminded me of a little bit is the UK leaving the exchange rate mechanism in September 1992. Black Wednesday. The difference is the consequences of Black Wednesday came down. We had an economic recovery. It was probably a good moment for the UK economy. This is a bad moment because this is going to mean the interest rates are going to go up higher than they otherwise would have done. And spending is going to be cut. So, the pain is still to come. I mean, that's extraordinary thing, right? Is that actually the pain? It's only
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